Orleans, NY is an affluent area with a median home value of $211,200. This is significantly lower than the US median home value of $338,100, however it has experienced an even higher appreciation rate of 9.27% in the last year more than the national average of 8.27%. This indicates a positive trend for housing in Orleans, NY and suggests it will be an attractive investment option for potential buyers in the near future.
The median home cost in Orleans is $211,200. Home appreciation the last 10 years has been 30.9%. Home Appreciation in Orleans is up 11.4%.
Average Age of Homes
- The median age of Orleans real estate is 45 years old
The Rental Market in Orleans
- Renters make up 7.7% of the Orleans population
- 0.7% of houses and apartments in Orleans, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.